Soul Patts

Soul Patts
FormerlyWashington H Soul Pattinson
Company typePublic company
(ASXSOL)
IndustryDiversified
Founded21 January 1903
FounderLewy Pattinson
Headquarters,
Australia
Key people
Robert Millner, Chairman
Revenue$629 million (2023)
Websitesoulpatts.com.au/

Soul Patts, formerly Washington H Soul Pattinson, is a publicly listed Australian investment company.

History

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In 1872, Caleb Soul and his son Washington Handley opened a pharmacy store in Pitt Street, Sydney. In 1886, Lewy Pattinson opened a pharmacy in Balmain. In April 1902, Pattinson bought Soul out with the business incorporated as Washington H Soul Pattinson & Company Limited. On 21 January 1903, the company was listed on the Sydney Stock Exchange.[1] With origins in pharmacy operations (of the same name), today Soul Patts owns a diverse portfolio of investments in various asset classes (equities, private companies, private credit, and property). Soul Patts has never missed paying a dividend since 1903, increasing dividends every year since 2000. In June 2021, terms were agreed to purchase Milton Corporation.[2]

Investments

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Current

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Soul Patts' larger investments include:

  • Brickworks (43.1%)
  • New Hope Group (39.2%)
  • TPG Telecom (12.8%)
  • TUAS Ltd (25.4%)
  • Private equity investments spanning agriculture, education, financial services, and electrification
  • Credit investments
  • Equity investments (small and large caps)
  • Property investments

Former

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Chairmen

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See also

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References

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  1. ^ Who we are Washington H Soul Pattinson
  2. ^ Merger with Milton Corporation Limited to create a larger, more diversified and unique ASX company Washington H Soul Pattinson 22 June 2021
  3. ^ Pattinson to buy NBN TV Canberra Times 1 November 1989 page 19
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